AVP - Risk

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What We'll Bring:

We are India’s leading credit information company and have established ourselves as a key anchor in the credit ecosystem of the country over the past 25 years. As an information and analytics provider, we aim to bridge the gap between stakeholders across multiple ecosystems. We use information for good by analyzing credit information to generate solutions for institutions and consumers. Our solutions facilitate easy access to credit for consumers and provide valuable insights to lenders when evaluating potential borrowers.
We are in the business of building trust between organizations and consumers. It is our core belief that trust can help organizations and consumers transact with ease and help them achieve great things.
We are committed to not just being an equal opportunity employer but also actively cultivating a culture of inclusion and belonging. We celebrate and respect the unique backgrounds and experiences that every individual brings to our team. Applicants are evaluated based on job qualification - not race, color, sex / gender, religion, caste, national origin, age, disability, marital status, citizenship status, sexual orientation, gender identity or any other status. We are committed to taking affirmative action to employ and advance minorities, women, and qualified disabled individuals. We ensure a safe, productive, and harassment-free workplace for all.
We are committed to providing reasonable accommodations for individuals with disabilities throughout the application and employment process. Please contact us to discuss any accommodations you may need.
Culture and Values
Our culture is welcoming, energetic, innovative, and deeply committed to fostering an environment of belonging, where diverse perspectives and backgrounds are valued. There’s an overall synergy that flows throughout the company, creating a sense of connect, belonging and unity in knowing that we’re all working to achieve the same overall goal. Our core values which we live by every day are integrity, People, Customer, and Innovation.
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What is excitement and passion for us?
We define it as a blend of curiosity, ability to unlearn and yet continuously learn, able to connect with meaning and finally the drive to execute ideas till the last mile is achieved. This passion helps us focus on continuous improvement, creative problem solving and collaboration which ensures delivery excellence.

Dynamics of the Role
The AVP – ERM is responsible for supporting the design, implementation, and ongoing operation of the Enterprise Risk Management framework. The role ensures effective identification, assessment, monitoring, and reporting of key risks (strategic, operational, technology, information security, compliance, financial and reputation) in line with RBI regulatory expectations, Board-approved risk appetite, and internal governance standards.

Key Interfaces (working with Head of ERM)
• CRO, MD & CEO, Senior Management
• BU Risk Officers (1st line representatives) - Operations, Data Analytics, Solutions , Information Security, IT, Compliance, Legal and other support functions
• Internal Audit, External Auditors, Consultants
• Regulators and supervisory teams (through Head of ERM and CRO)

What You'll Bring:

Enterprise Risk Framework & Governance:

Support implementation and maintenance of the ERM framework aligned with RBI directions applicable to CICs.
Maintain the enterprise risk register, including risk taxonomy, risk statements, inherent and residual risk assessments.
Facilitate periodic review of the Risk Appetite Statement (RAS) and Key Risk Indicators (KRIs) and ensure alignment with business strategy.
Coordinate risk governance forums including Board and management risk committees.

Risk Identification, Assessment & Monitoring:

Conduct periodic Risk & Control Self-Assessments (RCSAs) across business, technology, and support functions.
Assess emerging risks arising from regulatory changes, DPI initiatives (e.g., ULI), technology, cyber threats, and market developments.
Develop and monitor Key Risk Indicators (KRIs) with defined thresholds and escalation triggers.
Track risk remediation actions and validate closure effectiveness.

Regulatory, Audit & Compliance Support:

Support responses to RBI inspections, internal audit, statutory audit, and external assurance reviews.
Track audit observations, root causes, and management action plans; provide risk-based status reporting to senior management.
Ensure ERM documentation and practices meet regulatory and supervisory expectations for CICs.

Risk Reporting & Management Communication:

Prepare periodic risk reports and management information for CRO, MD & CEO, and Board/RMC.
Ensure clear articulation of risk trends, breaches, and emerging risks with recommended management actions.

Impact You'll Make:

Qualification: CA / MBA (Finance / Risk / Strategy) / CFA / FRM or equivalent professional qualification
Minimum 6 to 10 years of relevant experience in ERM, risk management, governance roles within regulated financial services
Prior experience in CICs, banks, NBFCs, fintech, or regulated technology-driven entities preferred
Strong understanding of ERM frameworks and risk governance
Knowledge of RBI regulatory environment applicable to CICs (preferred)
Working knowledge of technology, cyber security, data privacy, and operational risks
Strong analytical, documentation, and stakeholder management skills
Ability to translate complex risk issues into clear management and Board-level insights

This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.

TransUnion Job Title

Sr Consultant, Risk Management